Ifoods Chain ICO is in Progress on LEEKICO, Only 2 Days Remaining Before Exchange Hit

Ifoods Chain is a free chain that seeks to cleanse the supply chain in the food industry by leveraging the benefits of the blockchain technology and smart contracts to construct a decentralized, safe, and trustworthy food safety and quality detection system.

Ifoods Chain is a free chain that seeks to cleanse the supply chain in the food industry by leveraging the benefits of the blockchain technology and smart contracts to construct a decentralized, safe, and trustworthy food safety and quality detection system

Press Releases

Over time and with the emergence of many ICOs that go live almost every moment, the need for integrity in the coin generation environment has become essential. This is the reason platforms such as LeekICO are gaining prominence to ensure that fairness, security, integrity, and transparency is maintained in the asset decentralization environment.

Also, now, following its successful unveiling in the Blockchain Festival that was held in Ho Chi Minh City in Vietnam, Ifoods Chain is now on LeekICO where it has managed a successful run with only two days remaining. During the Vietnam expo, Ifoods Chain got an endorsement from Jeffrey Wernick, one of the pioneer investors in the blockchain space; probably the most definite sign that Ifoods Chain’s approach to food safety and quality is the most practical.

With more than 55% already achieved and about 830 supporters on board, now is the best time to jump in and grab a share of the 1.5 billion IFOOD tokens on offer. This listing that was effected on the LeekICO platform on May 25, 2018, at 10:00 p.m. Beijing Time allows backers to get the tokens from the regular ETH trading area. Interested individuals can exchange 1 ETH or its equivalent for 75,000 IFOOD tokens.

Hot on the heels of this sale, the IFOOD tokens shall land in the exchanges with the two definite listings happening on VNBIG and Allcoin.

The Value Proposition of Ifoods Chain

Ifoods Chain is a free chain that seeks to cleanse the supply chain in the food industry by leveraging the benefits of the blockchain technology and smart contracts to construct a decentralized, safe, and trustworthy food safety and quality detection system. Upon attaining full deployment, Ifoods Chain will provide tools for protecting the interests of customers, as well as those of detection and testing experts. Through the said intelligent food detection tools, users shall be able to detect the quality and security of the food they purchase, fast.

Moreover, the decentralized nature of the blockchain will foster multi-party participation, and the various dApps and intelligent devices that the network shall support will help create a heightened understanding of safety and security in the food chain supply environment.

Advantages of the Ifoods Chain

The practical solutions that the platform provides will bring increased clarity in food testing, and traceability so that customers can pinpoint the exact source of problems they experience at the consumption terminal. Also, the platform has developed an intelligent device that shall spearhead food quality problems in the supply chain.

Importantly, Ifoods Chain will shorten the process of food detection, make it less costly and give customers a chance to respond with feedback in less than a minute. This is a lot convenient compared to the laboratory testing process currently available that takes weeks and is costly for all stakeholders.

Details of the ICO on LEEKICO Platform

The platform is making available, 10 billion IFOOD tokens with an allotment of 20,000 ETH. As earlier mentioned, the conversion rate is 75,000 tokens for 1 ETH, and the platform shall not present a lock-up period. The soft and hard caps respectively stand at 3,000 ETH and 20,000 ETH.

The minimum contribution expected from any interested individual is 1 ETH, and the exercise will close on June 8, 2018, at 21.59 Melbourne time or UTC+10.

This is a paid press release. Cointelegraph does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. Cointelegraph is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.